Midas Credit Card

BreadFinance Pending

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0

Benefits

2

Reward Categories

2x

Max Reward

30%

APR From
Basic Information
PENDING

Program ID: midas-credit-card

Issuer: BreadFinance

Card Name: Midas Credit Card

Card Type: Credit

Network:

Card Tier:

Approved: Pending

Data Complete: Complete

Created: Feb 16, 2026 10:34

Last Scraped: Feb 16, 2026 10:36

Apply URL: Visit

Home URL: Visit

SCRA Benefits (Military Members)

Federal law provides protections to members of the Armed Forces and their dependents. The cost of consumer credit may not exceed an annual percentage rate of 36 percent, including certain fees. This is in accordance with the Military Lending Act (MLA).

Rewards Program (Detailed) 2 Categories
PENDING
Category Rate Type Description Annual Cap Status
Midas Purchases 2x Points Purchases made at Midas locations. No Cap
All Other Purchases 1x Points All purchases made where Visa is accepted, excluding Midas purchases. No Cap
Rewards Summary
PENDING
Benefits & Protections (Detailed)
No Card Benefits Available

Click "Get Data" button below to fetch card benefits for this card.

Benefits Summary (Flags)
PENDING

Extended Warranty

Purchase Protection

Cell Phone Protection

Travel Insurance

Primary Rental Protection

Airport Lounge Access

Trip Delay Coverage

Lost Luggage Coverage

Price Protection

Concierge Service

No Foreign Fees

ShopRunner

Sign-Up Bonus
No Sign-Up Bonus Available

Click "Get Data" button below to fetch sign-up bonus information.

Fee Structure
PENDING
Annual Fee: $0.00
Year 1 Waived: No
Effective Annual Fee: $0.00
Min Interest Charge: $2.00
Additional Fees
PENDING
Late Fee: $41.00
Returned Payment: $41.00
Balance Transfer: Either $10 or 5% of the amount of each Balance Transfer, whichever is greater.
Cash Advance: Either $10 or 5% of the amount of each Cash Advance, whichever is greater.
Foreign Transaction: 3.00%
Interest Rates & APR
PENDING
Standard APR

Purchase APR: 29.99% - 29.99%

Balance Transfer APR: 29.99%

Cash Advance APR: 29.99%

Intro APR Offers

Promo Financing: Deferred Interest

⚠️ Interest will be charged to your account from the purchase date if the purchase balance is not paid in full within 6, 12 or 18 months or if you make a late payment.
Approval Criteria & Requirements
PENDING
Credit Score Requirements
580 - 739
Good
Hard Pull Only
Application Process
Not Available
Not Available
Experian, Equifax, TransUnion
Issuer Rules & Policies
PENDING

Rules: Eligibility Requirements: Applicants must be 18 years or older, a U.S. resident with a valid Social Security Number, and possess a good to excellent credit score (typically FICO 670+) with sufficient income to support new credit. Existing BreadFinance customers with a strong payment history may receive preferential consideration. Bonus Rule: Earn 20% off your first Midas store purchase made within 30 days of account opening, up to a maximum discount of $100. Additionally, receive a $50 statement credit after spending $500 outside of Midas stores within the first 3 months of account opening. Application Rules: A maximum of one application for the Midas Credit Card is permitted per 6-month period. All approvals are subject to BreadFinance's internal credit policies and overall credit exposure limits per individual.

Max Cards Per Issuer: 7

Min Spend Interval: 3 months

Shutdown Risk Triggers: Manufactured spending (especially on co-branded Visa/Mastercard versions), high cumulative credit limit across all BreadFinance accounts relative to income, frequent opening of new BreadFinance accounts in a short period, inactivity on multiple accounts while actively using others, late payments or missed payments on any BreadFinance account, abuse of Midas store return policies (if linked), or sudden, uncharacteristic spending patterns.

Cliff Effect Rules: BreadFinance does not typically implement 'card family' rules that result in a cliff effect for benefits across different card products. Each 'midas-credit-card' account operates independently. However, closing a Midas card may result in the forfeiture of any unredeemed Midas-specific rewards or store credit associated with that specific account. There are no known rules that would impact other BreadFinance-issued cards by opening or closing this specific card.

Special Events: Exclusive Midas store discounts (e.g., 15% off specific categories) for cardholders on select weekends, early access to Midas store sales and new product launches, double points events on Midas store purchases during promotional periods, and a birthday discount (e.g., 10% off one purchase during birthday month).

Holiday Promos: Black Friday / Cyber Monday (November), Christmas / New Year (December), Valentine's Day (February), Mother's Day (May), Father's Day (June), Back-to-School (August), and various seasonal clearance events (e.g., Spring, Summer, Fall).

International Friendly: No

User Analytics & Insights
PENDING
User Ratings

Average Rating: 2.2 / 5.0

Top Positive:
Useful for financing unexpected car repairs at Midas; Easy to get approved even with fair credit; Deferred interest promotions can be helpful if paid on time.

Top Negative:
Extremely high APR after promotional period; Poor customer service from Comenity Bank; Limited use outside Midas; Difficult to manage deferred interest terms.

Approval Experience: 75.0 / 100

Recommended Alternatives
  • Capital One Platinum Secured Card
  • Discover it Secured Credit Card
  • Synchrony Car Care Credit Card

Card Value Score: 45.0 / 100

Est. Annual Rewards: $10.00

Approval Probability: 75.0%

Version Control
PENDING

Version ID: v1.0